A view of the collapsed retaining wall at Castle Village

UPDATED, 11:17 a.m., Feb. 8: Residents at Castle Village — the 589-unit cooperative on Manhattan’s Upper West Side — won a major victory yesterday when a federal appeals court ruled that they qualify for tax deductions after paying roughly $25 million for repairs from the collapse of the complex’s retaining wall in 2005. Residents at the Washington Heights complex were assessed at least $25,000 each to cover repairs after a 75-foot retaining wall at the building spilled onto the Henry Hudson Parkway in an incident that brought traffic to a halt and sent TV cameras and emergency crews rushing to the scene.  [more]